Yearend Checklist for HR, Payroll, and Benefits
A year-end checklist for HR, payroll, and benefits is essential to ensure that all necessary tasks are completed before the start of the new year. This checklist can help streamline the year-end process and ensure compliance with tax and regulatory requirements. HR Checklist: Payroll Checklist: Benefits Checklist: Remember that this checklist serves as a general […]
IRS Announces 2024 Limits Increases
The IRS announced limit increases for 2024, some significantly. Find out how they could impact you.
Understanding Reference-Based Pricing: A Game-Changer in Healthcare
It is hard to believe that Reference-Based Pricing (RBP) has been around for 15 years. We’ve watched it evolve, and the product is mature. In this post, we’ll explore the concept of Reference-Based Pricing, what it is, and how it changes the way we approach healthcare costs. What is Reference-Based Pricing? Reference-Based Pricing gets its […]
NY Paid Family Leave Rate for 2024
On Wednesday, August 30, 2023, the New York Department of Financial Services (DFS) announced the Paid Family Leave (PFL) rate and maximum PFL employee contribution for the coming year. In 2024, New York DFS has decided to decrease the contribution rates and the maximum employee contributions for PFL. Year Maximum Contribution Rate Annualized Wage Cap […]
Overcoming the Impact of Obamacare Webinar
Overcoming Obamacare Discover how the Affordable Care Act changed the benefits game and what you need to do to help your business recover in this webinar from the experts at Eli Advisors. Fill out the form below to receive a direct link to this valuable webinar.
LEGAL UPDATE: DHS to End to I-9 Flexibility
Last month, the Department of Homeland Security (DHS) announced that the COVID-19 temporary flexibilities for Form I-9 Employment Eligibility Verification will end on July 31, 2023. These flexibilities allowed for the remote inspection of identification documents. In response to this announcement, Immigration and Customs Enforcement (ICE) announced that employers must physically examine any documents inspected […]
How The End Of The COVID-19 Emergency Effects Your Benefits Strategy
On April 10, 2023, President Biden officially signed to end the COVID-19 Emergency. This takes us out 60 days to the end of the Outbreak Period which falls on June 9, 2023. The emergency protocols allowed extended time periods for HIPAA enrollment, COBRA continuation, payments, and appeals related to the Flexible Benefits Plans. With the […]
ACA Reporting and Medicare Part D CMS Filing Deadlines are Coming!
Beginning of the year filings and updates are still in full swing, and the team at Eli Advisors wants to make sure you meet all your deadlines. Two filings that are on the horizon are the ACA and CMS Filings. Learn more below about these deadlines and how Eli Advisors can help. ACA Reporting Applicable […]
The End of the Public Health Emergency And Its Implications
Since early 2020, the United States has been in a Public Health Emergency, which has affected health insurance and business regulations. This week, the White House announced that the State of Emergency could be lifted as early as May 11, 2023. Once lifted, certain regulations will be lifted as well. There are two significant impacts […]
2023 IRS Limits Increases
Recently, the IRS announced its cost of living adjustments for the dollar limitations on flexible spending accounts, health savings accounts, and retirement plans for the 2023 tax year. Due to the increasing inflation, many of these limits went up significantly at some of the highest rates of this century. Flexible Spending Account Increases 2022 2023 […]
